NS Deed Transfer Tax
Nova Scotia Deed Transfer Tax (DTT)
When a piece of land is bought and sold in Nova Scotia, the buyer must pay a Land Transfer Tax called the Deed Transfer Tax (DTT). There’s no provincial land transfer tax in Nova Scotia, but municipalities can charge a land transfer tax. The tax rates are determined by each municipality and the tax amount is calculated based on a percentage of the sale price of the property; the rates are updated regularly by the municipalities, although they may not be updated right away on the SNS and thus it is at your discretion to check with each municipality for the most updated rates.
In Nova Scotia, the Municipal Deed Transfer Tax (DTT) usually ranges from 0.5% to 1.5%. To check your municipality visit NS Deed Transfer Tax Rates- by Area
A sector of the government of Nova Scotia, called the Land Registration Offices, collects the tax on behalf of the municipalities when the transfer is recorded. If the tax is not paid within 30 days after the transfer, a 10% penalty amount of the tax will be charged.
Non-Residents
For non-residents, including Canadian residents from other provinces, there is an additional Non-resident Deed Transfer Tax, also known as the Provincial Deed Transfer Tax (PDTT). This tax, effective April 1, 2022, is 5% on the purchase price of assessed value of property purchased by non-residents of Nova Scotia. It applies to all residential properties with three or fewer units.
You may get a refund or be exempted from this 5% tax if you intend to move to Nova Scotia within 6 months of the date of transfer. If you're not able to provide proof of residency after 6 months, you'll have to pay the 5% tax plus interest.
You can visit the Province of Nova Scotia webpage to learn more about the tax and additional exemptions.
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